Texas regulators have begun consideration of the application and are raising questions about the utility’s collection of hundreds of millions of dollars from ratepayers that, under standard ratemaking treatment, would normally be committed to pay federal taxes, but would not be paid using the REIT model. Texas Commissioner Brandy Marty Marques indicated concern with the proposed financing structure expressing interest in a plan which would allow for ratepayers and shareholders to share the benefits of the unique financing structure.
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Is a policy analyst for TCAP, a coalition of cities and other political subdivisions that purchase electricity in the deregulated market for their own governmental use. Because high energy costs can impact municipal budgets and the ability to fund essential services, TCAP, as part of its mission, actively promotes affordable energy policies. High energy prices also place a burden on local businesses and home consumers.